Under an existing sales and distribution agreement between Maple and Mitsui, the company sold about 5,900m3 or approximately 1.5m gallons of ethanol for an undisclosed amount.
The company is expecting to make another export sale to Mitsui sometime later this month.
Maple Energy CEO Rex Canon said the sale marks a milestone for the company to develop its ethanol business in Peru and produce low-cost ethanol.
"We are delighted to report the first export sale of ethanol to the international market and share this exciting news with all our shareholders," Canon added.
The company has also provided an update on its 37MW renewable power plant stating that the company is expecting to sell the additional unused electricity generated from the plant to the national grid later this month.
Peru-based Maple Energy is an integrated independent energy company. and engages in numerous aspects of energy industry.
